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FEDERAL

RESERVE

statistical
H.15

release

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending May 15, 1971
May
10

May
11

May
12

Yields (per cent per annum)
Auction average:
3-month bills
6-month bills
Market yield:
3-month bills
6-month bills
1-year bills
Other issues, due in
9-12 months 1/
Issues, due in 3-5
years 2/
Bonds, due or callable
in 10 years or more 3/
Prices
Bonds, due or callable
in 10 years or more 4/

May
13

Week!.y averages
Last
This
Year
week
week
ago*

Ma y
14

3.861
4.178

3.861
4.178

3.865
4.182

6.994
7.202

3.83
4.15
4.47

3.83
4.13
4.47

3.94
4.22
4.54

4.06
4.32
4.69

4.12
4.34
4.71

3.96
4.23
4.58

3.84
4.20
4.46

6.78
7.00
7.13

4.67

4.64

4.71

4.84'

4.90

4.75

4.69

7.63

5.87

5.89

5.96

6.07

6.11

5.98

5.92

7.98

5.90

5.91

5.95

6.01

6.02

5.96

5.92

6.83

66.21

66.12

65.77

65.24

65.15

65.70

66.05

58.56

Note: Yields are averages of those computed by the Federal Reserve Bank of New York
on the basis of closing bid prices. Yields on Treasury bills are computed on
a bank discount basis.
*

As of May 16, 1970.

1/ Currently includes the 4 per cent bond of Feb. 15, 1972, the 4-3/4 per cent not(
of Feb. 15, 1972, and the 7-1/2 per cent note of Feb. 15, 1972.
2/ Currently
4-1/4 per
7-1/4 per
5-5/8 per
3-7/8 per
5-3/4 per

includes the
cent bond of
cent note of
cent note of
cent bond of
cent note of

following notes and bonds:
5/15/74
5-3/4 per cent note
5/15/74
6
per cent note
8/15/74
5-7/8 per cent note
11/15/74
6-1/4 per cent note
11/15/74

3/ Currently
3-1/4 per
3-1/2 per
4-1/4 per

includes the following bonds due or callable in
cent of 1985
4
per cent
cent of 1990
4-1/8 per cent
cent of 1987-92
3
per cent
3-1/2 per cent

10
of
of
of
of

of
of
of
of

2/15/75
5/15/75
8/15/75
2/15/76

years or more:
1988-93
1989-94
1995
1998

4/ Prices derived from average market yields on the basis of an assumed 3 per
cent, 20-year bond.
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD
May 17, 1971